LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 24, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB453 by Hancock (Relating to the interests of certain holding companies in certain repair facilities.), As Introduced No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies:454 Department of Insurance, 608 Department of Motor Vehicles LBB Staff: UP, CL, EH, CP LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 85TH LEGISLATIVE REGULAR SESSION April 24, 2017 TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE:SB453 by Hancock (Relating to the interests of certain holding companies in certain repair facilities.), As Introduced TO: Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce FROM: Ursula Parks, Director, Legislative Budget Board IN RE: SB453 by Hancock (Relating to the interests of certain holding companies in certain repair facilities.), As Introduced Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce Honorable Kelly Hancock, Chair, Senate Committee on Business & Commerce Ursula Parks, Director, Legislative Budget Board Ursula Parks, Director, Legislative Budget Board SB453 by Hancock (Relating to the interests of certain holding companies in certain repair facilities.), As Introduced SB453 by Hancock (Relating to the interests of certain holding companies in certain repair facilities.), As Introduced No fiscal implication to the State is anticipated. No fiscal implication to the State is anticipated. Local Government Impact No fiscal implication to units of local government is anticipated. Source Agencies: 454 Department of Insurance, 608 Department of Motor Vehicles 454 Department of Insurance, 608 Department of Motor Vehicles LBB Staff: UP, CL, EH, CP UP, CL, EH, CP